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Biden Signs Debt Ceiling Bill, Ensuring No Default Threat

Senate passes debt ceiling bill, averting default. May payrolls surpass expectations, indicating a resilient labor market. Mark Zuckerberg reveals Meta's cutting-edge VR headset. Exxon and Chevron near drilling agreements in gas-rich Algeria. Plus, Kellogg plans to spin off its cereal business.


Avalanche Hits 1 Million Monthly Active Users

Avalanche achieves 1M monthly active users while Ether balance on exchanges hits record low. Tether expands into Bitcoin mining, and Bitcoin trades at a substantial discount on Binance. Plus, crypto markets brace for an imminent downturn.


Hedge Funds Are Deploying ChatGPT for Grunt Work

Hedge funds leverage ChatGPT for mundane tasks. Berkshire Hathaway boosts stake in Occidental Petroleum to 25%. Commodity market dip hints at short-term disinflation. Plus, Cathie Wood sees software stocks as the next AI growth prospect.

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